GasBuddy: End of the Week Could Bring Highest-Ever National Average for This Time of Year08/03/2026You could be paying more money at the fuel pump later this week. GasBuddy's Head of Petroleum Analysis Patrick De Haan explains:"Average gasoline prices were a mixed bag across the country last week as oil markets went on a wild ride, surging on geopolitical tensions before pulling back Sunday night after President Trump signaled a potential deal may be in the works. However, even as oil prices ease on deal optimism, continued Ukrainian attacks on Russian oil infrastructure are driving refined product prices higher as output plummets, keeping upward pressure on what Americans pay at the pump. By later this week, the national average could reach its highest level ever recorded for this point in the calendar year, a sobering milestone even as prices remain well below the all-time record set in 2022. Motorists should keep a close eye on developments both in the Middle East and in Ukraine, as either front could quickly shift the outlook." -Patrick De Haan The national average price of gasoline has fallen 0.8 cents per gallon in the last week, averaging $4.05 per gallon Monday, August 3rd. The national average is up 28.5 cents per gallon from a month ago and stands 93.6 cents per gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.